Saudi Arabian Pharma Manufacturer Improves Efficiency with E-Invoices
28-Aug-2023In order to improve its financial performance and increase its productivity, one of the leading pharmaceutical manufacturers in Saudi Arabia implemented Accely’s innovative E-Invoicing Solution. The change is expected to transform the company’s invoicing process, resulting in improved accuracy and fewer manual tasks.
The company manufactures a wide range of medicines for human and veterinary use, such as antibiotics, analgesics, and nutraceuticals. It has a high level of quality assurance and has been certified by several international organizations.
As one of the world’s leading SAP consulting services providers, Accely has a proven track record of assisting businesses on their digital transformation journey. Accely’s experience in delivering effective solutions is the reason for this successful collaboration with the pharma manufacturer. Saudi Arabia’s digitalization efforts and the global trend to move away from paper and towards automated financial systems are in line with the implementation of the E-Invoice Solution for KSA.
The implementation of the E-Invoice Solution is anticipated to bring about a significant reduction in administrative overheads, as manual data entry and validation tasks become automated. This, in turn, will free up resources that can be redirected toward more strategic initiatives. Moreover, the streamlined invoicing process is expected to enhance the company’s relationships with its partners and suppliers, fostering a more collaborative and productive ecosystem.
As the pharmaceutical manufacturer moves into a more efficient and streamlined invoicing environment, it is ready to be a testament for other companies looking to improve their financial performance. The success of the E-Invoice Solution demonstrates how technological collaboration and innovation can drive industry-wide improvements.